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Comments
no incentives
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
The offer is on a 2017 x3 s28i MSRP $52,870
Lease Option 36 month
$2K down (first month, etc.)
10K miles/yr
Buy back at end of lease $33,308
Payments: $599/month (tax included)
How much can we reasonably expect to bring the total cost down by?
Would want to add the lease protection plan? Is that negotiable? Cost?
Not sure how to calculate a fair buy at end of lease...
With the lesser warranty plan, should we prepare for additional costs?
We have great credit and 10k miles/yr should be more than enough.
We are in Southern California.
Any insight, would be great. We have a 2013 x3 which we love but bought that outright. Looking for a second car and considering a lease.
Thank you!
For BMW, figure a discount of 6-7% from sticker.
Lease protection plan is a good deal .... for the dealer. Pass.
Residual value is set by the bank and is not negotiable.
If you take good care of your cars, you shouldn't have any extra end of lease charges.
There is also a $925 acquisition fee charged for leases.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
63% is the residual percentage. You multiply that by the MSRP to calculate the residual amount.
36/10 is 36 months, 10K mi./yr.
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On a lightly optioned 35i (M, Tech, Metallic Paint, Destination) MSRP is $54,645.00 and invoice is $51,330.00. So 6% off MSRP is $36 over invoice and 7% off MSRP is $510 under invoice. Is my math right?
Your math is correct.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
No information on incentives.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
I'll send you a message
BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
Everything below excludes tax:
MSRP: $58,470
Selling price: $54,498 (which already included $1k rebate from my company)
MF: 0.00157 (given my short credit history, it's acceptable)
RV: 63%
4k down
36/10k
$1.5k leasing offer from bmw
$542/month + tax
I mean selling price is less than 7% off MSRP, while another dealer offered $1k off invoice plus $1k corp fleet plus $1.5k leasing credit (which seems too good to be true...)...
Any ideas?
If the other dealer is offering less, why stick with this one?
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The top tier goes all the way down to a credit score of 675.
If you are 640-674, then the bump is actually .00020, so they may be telling the truth.
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2017 X3 Build price (include destination)- $53020
selling price - $49394 (supposedly this is after factoring in $1000 fleet discount due to the company I work for)
Cap reduction (lease credit) - $1500
lease duration - 36 months/15K per year
residual - 60% - $31812
MF - 0.00068 (after factoring in the fleet discount and 7 MSDs)
Downpayment - Nil
Drive off - $2,185 (first payment $545, acquisition $995, other fees $645)
Monthly lease (including taxes 8.75%) - $545
Do you think this is a good deal?
One more question. Since this lease is for 45000 miles does it make sense to buy:
a) Lease protection - $1095 (reason I am considering this is because tires will surely need to be paid for at lease turn in after 45000 miles. So this amount will likely pay for itself.
b) Ultimate maintenance package to increase to 50000 miles maintenance including brakes - $1650 (Reason I am considering this - I will definitely need to change brakes during 45000 miles. The dealer said changing all brakes will cost about ~1600. So this also may pay for itself.
If the above two additional options make sense, I will get them rolled into my lease which will take the amount from $545 to $630 per month (including taxes). Worth it?
Thanks much in advance for your responses.
I've never leased a BMW, so can't really opine on the value of the lease protection and maintenance package - my co-host, @kyfdx, is much more familiar with BMWs. Hopefully he'll pop in and give you his .02 later today.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Maybe the people will prefer the change or maybe they won't.
In either case, you'd think they'd make the lease terms more attractive for an outgoing model?
But, 2017's are just hitting the lots; when is the 2018 due to be released?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I definitely wouldn't buy lease protection. What if you need tires at 36K miles? Do you drive on bald tires for 7 months, because they will be free at lease end?
Brakes all the way around would definitely be around $1500 or so at the dealer. But, our X3 didn't need front brakes until 55K miles.
Keep your $3000 in the bank, and use it as needed. You might come out behind, but you might not. And, you'll spend the money, if needed. Not prepay for something that might not be needed, then hoping you need it, so you won't come out behind. Geez.. I really hope I need brakes, because I already paid $1650 extra for them.
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As for your comment on the selling price, what % off of selling price would you consider a good/solid deal for a 2017 model?
You can use multiple security deposits to 'buy down' the MF.
As previously noted, 7% off a 2017 is a pretty decent discount.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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Thanks
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
36m/12k
MSRP - $49095
Dealer discount - $2500, Lease credit - $1500, Corp discount - $1000
Sale price - $44095
Base MF - 0.00137, Residual - 62%
For 7 x MSD option: Cash due $6099
Monthly payment (incl. tax, fees etc.) - $436
Dealer says I will receive ~$2500 from MSD at the end of lease
Is this considered a decent deal to go for?
Thanks!
What does the other $3k at signing cover?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
The $3k should at least cover the lease acquisition fee $925, DMV $360, slew of fees about $250, 1st month payment.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4